633 Meta St Oxnard, CA 93030
Downtown Oxnard NeighborhoodEstimated payment $13,663/month
About This Home
14-unit apartment building + standalone commercial space near downtown Oxnard offered at 6.5% CAP / 10.0 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. Originally built as a motel the apartment building totals 2,792 SF and contains all studio efficiency units (one bathroom and one room) along with a common laundry room with two sets of washer/dryers. Commercial building totals 1,305 SF and in past operated as a restaurant but current tenant operates as a prep kitchen that prepares meals for the agriculture contractors that provide field workers with daily meals. 18 uncovered parking spots. The apartment building has been completely updated over the past 6 years. This is a very efficient investment property offering some of the most affordable rents in the whole county. As such turnaround time is very short to rent out any apartment vacancies.
Listing Agent
Beachside Partners Brokerage Phone: (805) 406-6463 License #02152826 Listed on: 07/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,738
Year Built
- Built in 1961
Lot Details
- 10,000 Sq Ft Lot
- No Common Walls
- No Sprinklers
Interior Spaces
- 1 Bathroom
- 4,097 Sq Ft Home
- 2-Story Property
- Laundry Room
Parking
- 18 Parking Spaces
- Parking Available
- Uncovered Parking
Additional Features
- Urban Location
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 2010272220
Community Details
Overview
- 2 Buildings
- 15 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $18,693
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,738 | $1,038,961 | $273,411 | $765,550 |
| 2023 | $13,718 | $1,018,590 | $268,050 | $750,540 |
| 2022 | $13,320 | $998,618 | $262,794 | $735,824 |
| 2021 | $13,225 | $979,038 | $257,641 | $721,397 |
| 2020 | $13,447 | $969,000 | $255,000 | $714,000 |
| 2019 | $13,105 | $950,000 | $250,000 | $700,000 |
| 2018 | $13,931 | $1,020,873 | $300,254 | $720,619 |
| 2017 | $13,281 | $1,000,857 | $294,367 | $706,490 |
| 2016 | $12,858 | $981,234 | $288,596 | $692,638 |
| 2015 | $12,982 | $966,497 | $284,262 | $682,235 |
| 2014 | $12,853 | $947,567 | $278,695 | $668,872 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $2,245,000 | -- | $548 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | First American Title Co | |
| Grant Deed | -- | None Available | |
| Grant Deed | $850,000 | Alliance Title Company Oxnar | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $634,000 | Commercial | |
| Previous Owner | $188,000 | Commercial |
Source: Ventura County Regional Data Share
MLS Number: V1-30882
APN: 201-0-272-220
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